Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankruptcy Code, 2016, along with record of the default issued by the Information Utility

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..... 2023 To; The creditors filing applications (u/s 7 and 9 of the Insolvency and Bankruptcy Code, 2016), The Information Utility (u/s 210 of the Insolvency and Bankruptcy Code, 2016). Dear Madam /Sir, Subject: Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankruptcy Code, 2016, along with record of the default issued by the Informa .....

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..... application to initiate corporate insolvency resolution process under section 7 or 9, as the case may be, the creditor shall file the information of default, with the information utility and the information utility shall process the information for the purpose of issuing record of default in accordance with regulation 21." 3. Please note that Hon'ble NCLT has issued a general order dated 3rd Apri .....

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..... NAL 6th Floor, Block-3, CGO Complex, Lodhi Road, New Delhi. 110003 Dated: 3rd April 2023 ORDER It is brought to the attention of all stakeholders that Regulation 20(1A) has been inserted in the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 vide Notification No. IBBI/2022-23/GN/REG085, dated 14th June, 2022. It reads as follows: 20. Acceptance and rece .....

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